Modern Real Estate Practice in Illinois - 11th Edition - Terms Flashcards Accretion The increase or addition of land by the deposit of sand or soil washed up naturally from a river, lake, or sea. A...
View study materialKentucky State Real Estate Practice Exam (Ky Law) Flashcards The Kentucky Real Estate Commission is NOT responsible for the following activities commission or fee dispute arbitrations. How many clo...
View study materialMichigan real estate law Flashcards Which is not a type of agency recognized in Michigan?Undisclosed dual agency When a licensed broker changes his or her place of business The Department could cho...
View study materialNJ Real Estate Section 2 Flashcards Terry, an unlicensed assistant, is asked over the telephone, "How many bedrooms are there in that house at 78 Oak Street?" Terry is allowed toa) read from the de...
View study materialFlorida Real Estate Math Formulas (Sales Associate) Flashcards Estimated market value rental income x market area GRM = estimated market value Total obligations ratio (TOR) for FHA total monthly ob...
View study materialGa Real Estate math formulas/equations Flashcards Property tax Market value × assessment rate= assessment valueAssessment value × mill rate= annual tax Interest and principle Loan amount × inter...
View study materialMath Formulas NC Real Estate Flashcards Real Property Tax (Assessed Value / 100) X Tax Rate = Annual Taxes(Assessed Value / 1000) X Mill Rate = Annual Taxes Loan To Value LA/Sale Price =LTV Loan Or...
View study materialKentucky Real Estate Commission Flashcards Denial of license or any other disciplinary action - Appeal - Stay of judgment pending appeal Any party aggrieved by the action of the commission in refus...
View study materialLaw & Practice 7 Flashcards The accumulation of several contiguous properties under one ownership, thus creating a large parcel of proportionate greater value, involves:a) depreciationb) plottagec)...
View study materialReal estate appraisal principles and procedures Flashcards VALUING THE SITE ASITE VALUATIONis an estimate of value of a property, excluding the value of any existing or proposed improvements MILE O...
View study materialPrinciples of Real Estate Chp.6-Test Flashcards Divide the income a property generates by a rate of returnA certified appraiser is one who has received certification by its susceptibility to swings...
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